VANCOUVER, BC, April 22, 2024 /CNW/ - Palisades Goldcorp Ltd. (TSXV: PALI) ("Palisades" or the "Company") is pleased to announce that New Found Gold Corp. ("New Found"), a significant equity investee of Palisades within the meaning of applicable Canadian securities legislation, has entered into a property purchase agreement with Labrador Gold Corp. ("LabGold") providing for the sale by LabGold to New Found (the "Transaction") of a 100% interest in LabGold's Kingsway Project (the "Kingsway Project"), which adjoins New Found's 100%-owned Queensway project in Newfoundland and Labrador, as well as certain related assets of LabGold (together with the Kingsway Project, the "Purchased Assets").
Read more at newswire.caPALISADES ANNOUNCES NEW FOUND TO ACQUIRE LABRADOR GOLD'S KINGSWAY PROJECT
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